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Business & Finance — page 30
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Illegal Mining Farm in Dagestan
More than 20 illegal mining devices connected to the network without a contract were found and seized in the village of Shamilkala, Dagestan.
Eric Trump: AI Boom to Speed Up Cryptocurrency Growth
Eric Trump predicts that the AI boom will become the main driver of cryptocurrency growth due to the integration of AI agents and stablecoins.
VideoSui reaches 40 million transactions per second
Sui recorded 40 million TPS in Basecamp tests, setting a world record for blockchain throughput.
VideoHyperliquid Founder Jeff Yang Hires Security
Hyperliquid founder Jeff Yang moved from a humble lifestyle to hiring security after safety incidents. The team earned $900 million.
Hayes Predicts AI Bubble Burst and Bitcoin Growth
Arthur Hayes believes that the bursting of the AI bubble will release liquidity for Bitcoin. A new currency, FLOP, is introduced for AI agent payments.
Kyrgyzstan Liquidates Gold-Backed Stablecoin USDKG
The Kyrgyz Cabinet of Ministers has liquidated the state stablecoin USDKG, backed by gold. Token holders are offered to exchange tokens for fiat or USDT.
AI Avatar Manages Tirana Instead of Imprisoned Mayor
The mayor of Tirana created an AI avatar while he himself is in prison on corruption charges. In Albania, there is even an AI minister accused of the same crimes.
Kyrgyzstan Closes Project for State Stablecoin USDKG
The Cabinet of Ministers of Kyrgyzstan has ordered the liquidation of the gold-backed state stablecoin USDKG. Token holders are offered the option to exchange tokens for fiat currency or USDT.
Tether and Kazakhstan Prepare Stablecoin for Tenge
Tether and the National Bank of Kazakhstan are preparing a pilot launch of a tenge-pegged stablecoin and an asset tokenization project in Alatau using the Hadron platform.
BTC and SOL Yield Outperformed Meme Coins
Performance analysis showed that a BTC, SOL, and HYPE portfolio grew to $300k, while meme coins lost more than half their capital over three years.
Tether and Kazakhstan's Central Bank Plan Tenge Stablecoin Launch
Tether and the Central Bank of Kazakhstan signed a memorandum on launching a tenge-pegged stablecoin. The project includes asset tokenization and a pilot in Alatau city.
CZ Urged to Compete in Health, Not Wealth
Binance founder Changpeng Zhao urged people to compete in health rather than wealth, citing family and time as the true capital.
Tirana Mayor Begins Ruling City Through AI Avatar from Prison
Imprisoned Tirana mayor uses an AI avatar to manage the city and promises free lunches to schoolchildren.
Alibaba Cloud and Sui integrate cloud services into Sui Agent
Sui and Alibaba Cloud join forces: cloud services are now available via Sui Agent Payments with stablecoin payments.
Trader Frogman had over $4 million stolen
Trader Frogman lost over $4 million after an account hack on the Fomo platform. The incident took place in Singapore during the TOKEN2049 conference.
BitMine Completes ETH Accumulation Ahead of 25x Growth
BitMine is nearing the purchase of ETH to reach 5% of the supply. Tom Lee forecasts the crypto market growing to $37 trillion and highlights Ethereum's role in asset tokenization.
Stacy Muur Named Blockchain Networks at Risk of Closure
Stacy Muur named a list of 24 blockchain networks that may shut down. The list includes well-known projects such as Algorand, Fantom, and Flow.
VideoBitMine to Halt ETH Buys Upon Reaching 5% Supply Share
BitMine will stop buying Ethereum after reaching a 5% supply share. Tom Lee explained the strategy to maximize shareholder benefits at the TOKEN2049 conference.
USD1 Stablecoin for Mass Online Payments
USD1 stablecoin by the Trump family and Mesh company is being integrated into a payment network for mass online transactions. Launch is planned for this quarter.
Stablecoin USD1 from WLFI to be Integrated into Global Payment
World Liberty Financial is preparing the USD1 stablecoin for mass payments. Launch in networks with millions of merchants and integration into Web2 services are planned for this quarter.
Gen Z Saves More But Feels Poorer
Gen Z saves more than predecessors but feels poorer due to rising housing and education costs. An analysis of the causes behind Gen Z's financial stress.
MIA Says Telegram Refused to Cooperate in Fighting Drug Propaganda
The Ministry of Internal Affairs stated that Telegram refuses to cooperate with Russian law enforcement agencies in combating the spread of drugs and involving teenagers in crimes.
LG launches KITL blockchain infrastructure for banks and financial companies
LG launched the KITL blockchain infrastructure to create services with stablecoins and tokenized assets. The platform underwent testing with the participation of South Korea's central bank and partners from Circle and Securitize.
